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$2,690,000

Beds
3
Baths
3.0
sq ft
1,480

291 Scenic Gulf Dr Unit 1405, Miramar Beach, FL 32550

291 Scenic Gulf Dr Unit 1405

Miramar Beach, FL 32550

  • 1 day on market
Penthouse, Gulf-Front Paradise at Edgewater Beach Condos Welcome to your dream coastal escape! This recently renovated, three-bedroom, three-bathroom condo at Edgewater Beach Condos offers the perfect blend of luxury, comfort, and convenience. Situated at 291 Scenic Gulf Drive, Miramar Beach, Florida, this residence boasts breathtaking Gulf views and an expansive PRIVATE 2,200-square-foot terrace, perfect for soaking up the sun or enjoying sunsets over the water.Inside, you'll find modern finishes and thoughtful updates throughout, ensuring a stylish and comfortable living experience. The open-concept layout creates a seamless flow between the living, dining, and kitchen areas, ideal for entertaining or relaxing. Each bedroom offers a serene retreat, while the bathrooms exude elegance.Nestled in a prime location, this condo is just steps away from world-class dining, shopping, and entertainment, making it the ultimate destination for both relaxation and adventure.Don't miss this rare opportunity to own a piece of Gulf-front paradise!The provided information is considered to be accurate based on available sources. However, there is no guarantee of its correctness, and buyers should independently verify all details before making any decisions.

Details

Property type

Condominium

Est. home value

$1,489,710

Lot size

Unknown

Price per sq ft

$1,818

Year built

1984

Annual property taxes

$10,220

Monthly HOA fee

$1,913.65

Price History

03/06/2025
CentralPanhandle

CentralPanhandle #770230

Listed
$2,690,000
+93.06%
03/04/2022
EmeraldCoast

EmeraldCoast #887946

Sold
$1,393,316

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,296,211
Asking price
$2,690,000
Closing costs (~8% of asking)
-$215,200
Est. remaining loan balance
-$1,178,589
Cash to seller
$1,296,211

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cogent Bank

Loan start date

March 2022

Original loan amount

$1,253,984

Est. remaining balance

$1,178,589

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Terrence A Frazier and Rachel Frazier

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/13/2025 at 7:45 PM

Listing updated: 03/12/2025 at 6:19 PM

Listed by: Allen Owens, Counts Real Estate Group Inc Phone #: (850) 249-3615

MLS: CentralPanhandle #770230

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